Military Vehicle Electrification Market Size & Growth 2032

Military Vehicle Electrification Market Report by Vehicle Type (Combat Vehicles, Support Vehicles, Unmanned Armoured Vehicles), Mode of Operation (Manned Vehicles, Autonomous/Semi-Autonomous), Technology (Hybrid, Fully Electric), Battery Type (Lithium-ion, Lead-acid, Nickel Metal Hydride, and Others), Voltage Type (Low Voltage, Medium Voltage, High Voltage), Region and Competitive Landscape (Market Share, Business Overview, Products Offered, Business Strategies, SWOT Analysis and Major News and Events) 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A22271

Buy Now

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Global Military Vehicle Electrification Market – Introduction
4.1 What is Military Vehicle Electrification
4.2 What are the Major Types of Electrified Military Vehicles
4.2.1 Combat Vehicles
4.2.2 Support Vehicles
4.2.3 Unmanned Armoured Vehicles (UAV)
4.3 What are the Major Mode of Operation
4.3.1 Hybrid Military Vehicles
4.3.2 Fully Electric Military Vehicles
4.4 Top Electrified Military Vehicle Models Globally
4.5 Industry Trends
4.6 Competitive Intelligence

5 Global Military Vehicle Electrification Market Landscape
5.1 Historical and Current Market Trends (2018-2023)
5.2 Market Forecast (2024-2032)

6 Global Military Vehicle Electrification Market - Breakup by Vehicle Type
6.1 Combat Vehicles
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2018-2023)
6.1.3 Market Forecast (2024-2032)
6.1.4 Market Breakup by Mode of Operation
6.1.5 Market Breakup by Technology
6.1.6 Market Breakup by Battery Type
6.1.7 Market Breakup by Voltage
6.2 Support vehicles
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2018-2023)
6.2.3 Market Forecast (2024-2032)
6.2.4 Market Breakup by Mode of Operation
6.2.5 Market Breakup by Technology
6.2.6 Market Breakup by Battery Type
6.1.7 Market Breakup by Voltage
6.3 Unmanned Armoured Vehicles
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2018-2023)
6.3.3 Market Forecast (2024-2032)
6.3.4 Market Breakup by Mode of Operation
6.3.5 Market Breakup by Technology
6.3.6 Market Breakup by Battery Type
6.3.7 Market Breakup by Voltage
6.4 Attractive Investment Proposition by Vehicle Type

7 Global Military Vehicle Electrification Market - Breakup by Mode of Operation
7.1 Manned Vehicles
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2018-2023)
7.1.3 Market Forecast (2024-2032)
7.1.4 Market Breakup by Vehicle Type
7.1.5 Market Breakup by Technology
7.2.6 Market Breakup by Battery Type
7.1.7 Market Breakup by Voltage
7.2 Autonomous/Semi-Autonomous
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2018-2023)
7.2.3 Market Forecast (2024-2032)
7.2.4 Market Breakup by Vehicle Type
7.2.5 Market Breakup by Technology
7.2.6 Market Breakup by Battery Type
7.2.7 Market Breakup by Voltage
7.3 Attractive Investment Proposition by Mode of Operation

8 Global Military Vehicle Electrification Market - Breakup by Technology
8.1 Hybrid
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2018-2023)
8.1.3 Market Forecast (2024-2032)
8.1.4 Market Breakup by Vehicle Type
8.1.5 Market Breakup by Mode of Operation
8.1.6 Market Breakup by Battery Type
8.1.7 Market Breakup by Voltage
8.2 Fully Electric
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2018-2023)
8.2.3 Market Forecast (2024-2032)
8.2.4 Market Breakup by Vehicle Type
8.2.5 Market Breakup by Mode of Operation
8.2.6 Market Breakup by Battery Type
8.2.7 Market Breakup by Voltage
8.3 Attractive Investment Proposition by Technology

9 Global Military Vehicle Electrification Market - Breakup by Battery Type
9.1 Lithium-ion Batteries
9.1.1 Overview
9.1.2 Historical and Current Market Trends (2018-2023)
9.1.3 Market Forecast (2024-2032)
9.1.4 Market Breakup by Vehicle Type
9.1.5 Market Breakup by Mode of Operation
9.1.6 Market Breakup by Technology
9.1.7 Market Breakup by Voltage
9.2 Lead-acid Batteries
9.2.1 Overview
9.2.2 Historical and Current Market Trends (2018-2023)
9.2.3 Market Forecast (2024-2032)
9.2.4 Market Breakup by Vehicle Type
9.2.5 Market Breakup by Mode of Operation
9.2.6 Market Breakup by Technology
9.2.7 Market Breakup by Voltage
9.3 Nickel Metal-Hydride Batteries
9.3.1 Overview
9.3.2 Historical and Current Market Trends (2018-2023)
9.3.3 Market Forecast (2024-2032)
9.3.4 Market Breakup by Vehicle Type
9.3.5 Market Breakup by Mode of Operation
9.3.6 Market Breakup by Technology
9.3.7 Market Breakup by Voltage
9.4 Others
9.4.1 Overview
9.4.2 Historical and Current Market Trends (2018-2023)
9.4.3 Market Forecast (2024-2032)
9.5 Attractive Investment Proposition by Battery Type

10 Global Military Vehicle Electrification Market - Breakup by Voltage Type
10.1 Low Voltage
10.1.1 Overview
10.1.2 Historical and Current Market Trends (2018-2023)
10.1.3 Market Forecast (2024-2032)
10.1.4 Market Breakup by Vehicle Type
10.1.5 Market Breakup by Mode of Operation
10.1.6 Market Breakup by Technology
10.1.7 Market Breakup by Battery Type
10.2 Medium Voltage
10.2.1 Overview
10.2.2 Historical and Current Market Trends (2018-2023)
10.2.3 Market Forecast (2024-2032)
10.2.4 Market Breakup by Vehicle Type
10.2.5 Market Breakup by Mode of Operation
10.2.6 Market Breakup by Technology
10.2.7 Market Breakup by Battery Type
10.3 High Voltage
10.3.1 Overview
10.3.2 Historical and Current Market Trends (2018-2023)
10.3.3 Market Forecast (2024-2032)
10.3.4 Market Breakup by Vehicle Type
10.3.5 Market Breakup by Mode of Operation
10.3.6 Market Breakup by Technology
10.1.7 Market Breakup by Battery Type
10.6 Attractive Investment Proposition by Voltage

11 Global Military Vehicle Electrification Market – Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1   Market Drivers
11.1.1.2   Historical and Current Market Trends (2018-2023)
11.1.1.3   Market Breakup by Vehicle Type
11.1.1.4   Market Breakup by Mode of Operation
11.1.1.5   Market Breakup by Technology
11.1.1.6   Market Breakup by Battery Type
11.1.1.7   Market Breakup by Voltage
11.1.1.8   Key Players
11.1.1.9   Market Forecast (2024-2032)
11.1.1.10 Government Regulations
11.1.2 Canada
11.1.2.1   Market Drivers
11.1.2.2   Historical and Current Market Trends (2018-2023)
11.1.2.3   Market Breakup by Vehicle Type
11.1.2.4   Market Breakup by Mode of Operation
11.1.2.5   Market Breakup by Technology
11.1.2.6   Market Breakup by Battery Type
11.1.2.7   Market Breakup by Voltage
11.1.2.8   Key Players
11.1.2.9   Market Forecast (2024-2032)
11.1.2.10 Government Regulations
11.2 Asia Pacific
11.2.1 China
11.2.1.1   Market Drivers
11.2.1.2   Historical and Current Market Trends (2018-2023)
11.2.1.3   Market Breakup by Vehicle Type
11.2.1.4   Market Breakup by Mode of Operation
11.2.1.5   Market Breakup by Technology
11.2.1.6   Market Breakup by Battery Type
11.2.1.7   Market Breakup by Voltage
11.2.1.8   Key Players
11.2.1.9   Market Forecast (2024-2032)
11.2.1.10 Government Regulations
11.2.2 Japan
11.2.2.1   Market Drivers
11.2.2.2   Historical and Current Market Trends (2018-2023)
11.2.2.3   Market Breakup by Vehicle Type
11.2.2.4   Market Breakup by Mode of Operation
11.2.2.5   Market Breakup by Technology
11.2.2.6   Market Breakup by Battery Type
11.2.2.7   Market Breakup by Voltage
11.2.2.8   Key Players
11.2.2.9   Market Forecast (2024-2032)
11.2.2.10 Government Regulations
11.2.3 India
11.2.3.1   Market Drivers
11.2.3.2   Historical and Current Market Trends (2018-2023)
11.2.3.3   Market Breakup by Vehicle Type
11.2.3.4   Market Breakup by Mode of Operation
11.2.3.5   Market Breakup by Technology
11.2.3.6   Market Breakup by Battery Type
11.2.3.7   Market Breakup by Voltage
11.2.3.8   Key Players
11.2.3.9   Market Forecast (2024-2032)
11.2.3.10 Government Regulations
11.2.4 South Korea
11.2.4.1   Market Drivers
11.2.4.2   Historical and Current Market Trends (2018-2023)
11.2.4.3   Market Breakup by Vehicle Type
11.2.4.4   Market Breakup by Mode of Operation
11.2.4.5   Market Breakup by Technology
11.2.4.6   Market Breakup by Battery Type
11.2.4.7   Market Breakup by Voltage
11.2.4.8   Key Players
11.2.4.9   Market Forecast (2024-2032)
11.2.4.10 Government Regulations
11.2.5 Australia
11.2.5.1   Market Drivers
11.2.5.2   Historical and Current Market Trends (2018-2023)
11.2.5.3   Market Breakup by Vehicle Type
11.2.5.4   Market Breakup by Mode of Operation
11.2.5.5   Market Breakup by Technology
11.2.5.6   Market Breakup by Battery Type
11.2.5.7   Market Breakup by Voltage
11.2.5.8   Key Players
11.2.5.9   Market Forecast (2024-2032)
11.2.5.10 Government Regulations
11.2.6 Indonesia
11.2.6.1   Market Drivers
11.2.6.2   Historical and Current Market Trends (2018-2023)
11.2.6.3   Market Breakup by Vehicle Type
11.2.6.4   Market Breakup by Mode of Operation
11.2.6.5   Market Breakup by Technology
11.2.6.6   Market Breakup by Battery Type
11.2.6.7   Market Breakup by Voltage
11.2.6.8   Key Players
11.2.6.9   Market Forecast (2024-2032)
11.2.6.10 Government Regulations
11.2.7 Others
11.2.7.1   Historical and Current Market Trends (2018-2023)
11.2.7.2   Market Forecast (2024-2032)
11.3 Europe
11.3.1 Germany
11.3.1.1   Market Drivers
11.3.1.2   Historical and Current Market Trends (2018-2023)
11.3.1.3   Market Breakup by Vehicle Type
11.3.1.4   Market Breakup by Mode of Operation
11.3.1.5   Market Breakup by Technology
11.3.1.6   Market Breakup by Battery Type
11.3.1.7   Market Breakup by Voltage
11.3.1.8   Key Players
11.3.1.9   Market Forecast (2024-2032)
11.3.1.10 Government Regulations
11.3.2 France
11.3.2.1   Market Drivers
11.3.2.2   Historical and Current Market Trends (2018-2023)
11.3.2.3   Market Breakup by Vehicle Type
11.3.2.4   Market Breakup by Mode of Operation
11.3.2.5   Market Breakup by Technology
11.3.2.6   Market Breakup by Battery Type
11.3.2.7   Market Breakup by Voltage
11.3.2.8   Key Players
11.3.2.9   Market Forecast (2024-2032)
11.3.2.10 Government Regulations
11.3.3 United Kingdom
11.3.3.1   Market Drivers
11.3.3.2   Historical and Current Market Trends (2018-2023)
11.3.3.3   Market Breakup by Vehicle Type
11.3.3.4   Market Breakup by Mode of Operation
11.3.3.5   Market Breakup by Technology
11.3.3.6   Market Breakup by Battery Type
11.3.3.7   Market Breakup by Voltage
11.3.3.8   Key Players
11.3.3.9   Market Forecast (2024-2032)
11.3.3.10 Government Regulations
11.3.4 Italy
11.3.4.1   Market Drivers
11.3.4.2   Historical and Current Market Trends (2018-2023)
11.3.4.3   Market Breakup by Vehicle Type
11.3.4.4   Market Breakup by Mode of Operation
11.3.4.5   Market Breakup by Technology
11.3.4.6   Market Breakup by Battery Type
11.3.4.7   Market Breakup by Voltage
11.3.4.8   Key Players
11.3.4.9   Market Forecast (2024-2032)
11.3.4.10 Government Regulations
11.3.5 Spain
11.3.5.1   Market Drivers
11.3.5.2   Historical and Current Market Trends (2018-2023)
11.3.5.3   Market Breakup by Vehicle Type
11.3.5.4   Market Breakup by Mode of Operation
11.3.5.5   Market Breakup by Technology
11.3.5.6   Market Breakup by Battery Type
11.3.5.7   Market Breakup by Voltage
11.3.5.8   Key Players
11.3.5.9   Market Forecast (2024-2032)
11.3.5.10 Government Regulations
11.3.6 Others
11.3.6.1   Historical and Current Market Trends (2018-2023)
11.3.6.2   Market Forecast (2024-2032)
11.4 Latin America
11.4.1 Brazil
11.4.1.1   Market Drivers
11.4.1.2   Historical and Current Market Trends (2018-2023)
11.4.1.3   Market Breakup by Vehicle Type
11.4.1.4   Market Breakup by Mode of Operation
11.4.1.5   Market Breakup by Technology
11.4.1.6   Market Breakup by Battery Type
11.4.1.7   Market Breakup by Voltage
11.4.1.8   Key Players
11.4.1.9   Market Forecast (2024-2032)
11.4.1.10 Government Regulations
11.4.2 Mexico
11.4.2.1   Market Drivers
11.4.2.2   Historical and Current Market Trends (2018-2023)
11.4.2.3   Market Breakup by Vehicle Type
11.4.2.4   Market Breakup by Mode of Operation
11.4.2.5   Market Breakup by Technology
11.4.2.6   Market Breakup by Battery Type
11.4.2.7   Market Breakup by Voltage
11.4.2.8   Key Players
11.4.2.9   Market Forecast (2024-2032)
11.4.2.10 Government Regulations
11.4.3 Others
11.4.3.1   Historical and Current Market Trends (2018-2023)
11.4.3.2   Market Forecast (2024-2032)
11.5 Middle East
11.5.1 Market Drivers
11.5.2 Historical and Current Market Trends (2018-2023)
11.5.3 Market Breakup by Vehicle Type
11.5.4 Market Breakup by Mode of Operation
11.5.5 Market Breakup by Technology
11.5.6 Market Breakup by Battery Type
11.5.7 Market Breakup by Voltage
11.5.8 Key Players
11.5.9 Market Forecast (2024-2032)
11.5.10 Government Regulations
11.6 Africa
11.6.1 Market Drivers
11.6.2 Historical and Current Market Trends (2018-2023)
11.6.3 Market Breakup by Vehicle Type
11.6.4 Market Breakup by Mode of Operation
11.6.5 Market Breakup by Technology
11.5.6 Market Breakup by Battery Type
11.6.7 Market Breakup by Voltage
11.6.8 Key Players
11.6.9 Market Forecast (2024-2032)
11.6.10 Government Regulations
11.7 Attractive Investment Proposition by Region

12 Market Dynamics
12.1 Market Driving Factors
12.1.1 Global Trend towards Electrification
12.1.2 Government Initiatives and Funding
12.1.3 Modularity and Adaptability
12.1.4 Technological Advancements & Environmental Concerns
12.2 Market Restraining Factors
12.2.1 Performance in Extreme Conditions
12.2.2 High Upfront Cost of Electric Military Vehicles and Associated Infrastructure
12.2.3 Limitations on Range and Endurance of Electric Military Vehicles
12.3 Market Opportunities
12.3.1 Innovation in Battery Technology, Including Higher Energy Density, Faster Charging, etc.
12.3.2 Autonomous and Unmanned Vehicles
12.3.3 Energy Independence and Resilience

13 Key Technological Trends & Development
13.1 Advanced Energy Storage Systems
13.2 Intelligent Power Management Systems
13.3 Autonomous and Semi-Autonomous Capabilities

14 Government Regulations and Strategies
14.1 US 2022 Army Climate Strategy
14.2 Canada Defence Energy and Environment Strategy
14.3 UK Battlefield Electrification Approach

15 Recent Industry News
15.1 U.S. Army to pursue a prototyping program for an electric light reconnaissance vehicle in 2024.
15.2 GM Defense Unveils Hummer EV-Based Military Vehicle Concept
15.3 U.S. Military to Adopt All-Electric Vehicle Fleet by 2030.
15.4 British Army Begins Shift to All-Electric Military Vehicles
15.5 BAE Systems Planning To Design Hybrid-Electric AMPV

16 Porters Five Forces Analysis
16.1 Overview
16.2 Bargaining Power of Buyers
16.3 Bargaining Power of Suppliers
16.4 Degree of Competition
16.5 Threat of New Entrants
16.6 Threat of Substitutes

17 Value Chain Analysis

18 Global Military Vehicle Electrification Market – Competitive Landscape
18.1 Overview
18.2   Market Structure
18.3   Market Share by Key Players
18.4   Market Player Positioning
18.5   Top Winning Strategies
18.6   Competitive Dashboard
18.7   Company Evaluation Quadrant

19 Competitive Landscape
19.1 ASELSAN A.Ş.
19.1.1 Business Overview
19.1.2 Products Offered
19.1.3 Business Strategies
19.1.4 SWOT Analysis
19.1.5 Financials
19.1.6 Major News and Events
19.2 BAE Systems
19.2.1 Business Overview
19.2.2 Products Offered
19.2.3 Business Strategies
19.2.4 SWOT Analysis
19.2.5 Financials
19.2.6 Major News and Events
19.3 Flensburger Fahrzeugbau Gesellschaft (FFG)
19.3.1 Business Overview
19.3.2 Products Offered
19.3.3 Business Strategies
19.3.4 SWOT Analysis
19.3.5 Major News and Events
19.4 General Dynamics Corporation
19.4.1 Business Overview
19.4.2 Products Offered
19.4.3 Business Strategies
19.4.4 SWOT Analysis
19.4.5 Financials
19.4.6 Major News and Events
19.5 GM Defense LLC (General Motors)
19.5.1 Business Overview
19.5.2 Products Offered
19.5.3 Business Strategies
19.5.4 SWOT Analysis
19.4.5 Financials
19.5.6 Major News and Events
19.6 QinetiQ
19.6.1 Business Overview
19.6.2 Products Offered
19.6.3 Business Strategies
19.6.4 SWOT Analysis
19.6.5 Financials
19.6.6 Major News and Events
19.7 Rheinmetall AG
19.7.1 Business Overview
19.7.2 Products Offered
19.7.3 Business Strategies
19.7.4 SWOT Analysis
19.7.5 Financials
19.7.6 Major News and Events
19.8 Textron Systems
19.8.1 Business Overview
19.8.2 Products Offered
19.8.3 Business Strategies
19.8.4 SWOT Analysis
19.8.5 Major News and Events

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

20 Strategic Recommendations
21 Appendix

Purchase Options

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.